Global Split AC Market 2014-2018: Key Vendors are Carrier, Daikin, Gree, Ingersoll-Rand, Johnson Controls, LG Electronics, Midea, Mitsubishi and Panasonic

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Sep 17, 2014, 09:54 ET

DUBLIN, Sept. 17, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Split AC Market 2014-2018" report to their offering.

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Air conditioning systems or air conditioners are deployed in buildings for efficient management of temperature and humidity. These systems are installed in commercial buildings, IT parks, hotels, restaurants, manufacturing industries, retail outlets, and residential buildings for enhanced lifestyle comfort. There are several types of air conditioners such as windows and portables, split, single packaged, chillers, and airside. A split AC has two main components that are separated from each other: one that is inside the building and the other outside. These two units are connected by pipes that carry the refrigerant, which cools and heats a room.

The analysts forecast the Global Split AC market will grow at a CAGR of 8.93 percent over the period 2013-2018.

This report covers the present scenario and the growth prospects of the Global Split AC market during the period 2014-2018. To calculate the market size, the report takes into account the revenue generated from the following product segments: Unducted Standard Split ACs, Ducted Standard Split ACs, VRF ACs, and US Ducted Split ACs.

The report, the Global Split AC Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Split AC market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The Global Split AC market is increasingly adopting green technology and using renewable energy sources to create energy efficient, eco-friendly ACs. Many countries such as Saudi Arabia, the UAE, and the US are adopting green initiatives to promote the usage of renewable energy sources.

Moreover, the advent of hybrid systems and non-polluting refrigerants has led to the provision and adoption of green technology by vendors and end-users, respectively. In addition, vendors are developing innovative ACs that are compatible with eco-friendly refrigerants. Further, companies are manufacturing ACs to meet/exceed the guidelines set by the ENERGY STAR program and EnergyGuide labels. This trend could have a medium-term impact on the growth of the market over the next few years.

According to the report, one of the most important drivers in this market is the increase in construction activities. The market has been witnessing an increase in the global sales of homes and new buildings, leading to an increase in construction activities. The increase in construction activities directly influences the sales of air conditioning systems and is expected to drive the growth of the market over the next few years.

Key Topics Covered:

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report

04. Market Research Methodology

05. Introduction

06. Market Landscape

07. Market Segmentation by Product

08. Geographical Segmentation

09. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

18. Other Prominent Vendors

19. Other Reports in this Series

Companies Mentioned: